Can the financial sector be a powerful force in tackling climate change?
Berte-Elen R. Konow is a professor at the Faculty of Law, University of Bergen. On the 22nd of May, she held a presentation at the Bergen Energy Lab about Sustainable Finance.
Sustainable finance involves taking into account environmental, social and governance aspects in investments. This includes having a low carbon footprint, promoting the growth of renewable energy, the application of a circular economy and the more efficient use of available resources.
In her presentation, Berte-Elen talked about international as well as national initiatives on sustainable finance. She talked about the connection between sustainable finance and the UN sustainable development goals, initiatives from the European Union, World Bank and branch initiatives from national banks such as Finans Norge and Nordea. Two days after Berte's presentation, the European Commision published a press release on their efforts on sustainable finance. Read it here.
If you want to learn more about sustainable finance, take a look at Berte-Elen's presentation below.